8.9.3
Net finance cost

 

Financial income and expenses comprise the following:

  2019 2018
  € x 1,000 € x 1,000
Interest income -3,116 -1,715
Interest expenses 10,869 7,704
Bank fees 997 951
Currency results 511 633
Net finance cost 9,262 7,573


The policy regarding interest and currency risks is covered in note 6.13.

Accounting policy

Interest income or expenses are recognized as they accrue, using the effective interest method. Dividend income is recognized in profit or loss on the date that Accell Group’s right to receive payment is established.